Things To Consider when Buying/Selling a Solar-Powered Home

It would be difficult to drive through Montgomery County, MD, and not notice at least one solar-powered home on every street. Investing in green technology, and enjoying the financial benefits that come with it, seems to be obvious choice for many residents. Selling and buying such property, however, requires additional research and questions to consider.

If you're a buyer, finding out whether the panels are owned or leased, should be #1, followed by learning the technical and contractual detail behind the system.

As a seller, you can positively influence the buyer fact-finding process, by preparing and providing an information packet ahead of time; detailing the ownership status, providing warranty overview and financial benefits/potential cost of transferring a lease or panel removal.

For examples of specific questions to consider, read Selling or Buying a Home with Solar Panels by Melissa Darcey; I found her article a great learning resource.

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